Punjab National BankPunjab National Bank or, PNB is the third largest bank in India. It was registered on May 19, 1894 under the Indian Companies Act with its office in Anarkali Bazaar Lahore. Today, the Bank is the second largest state owned commercial bank in India with about 5000 branches across 764 cities. It serves over 37 million customers. The bank has been ranked 248th biggest bank in the world by the Bankers Almanac, London. The bank's total assets for financial year 2007 were about US$60 billion. PNB has a banking subsidiary in the UK, as well as branches in Hong Kong, Dubai and Kabul, and representative offices in Almaty, Dubai, Oslo, and Shanghai.Brief HistoryIn the year 1895 Punjab National Bank or, PNB was established. PNB has the distinction of being the first Indian bank to have been started solely with Indian capital that has survived to the present. In 1904 PNB established it's branches in Karachi and Peshawar.In the year 1940 PNB absorbed Bhagwan Dass Bank, a scheduled bank located in Delhi.1951 PNB acquired the 39 branches of Bharat Bank (est. 1942)In 1961 Punjab National Bank acquired Universal Bank of India.1960 PNB amalgamated Indo Commercial Bank (est. 1933) in a rescue.In year 1963 The Government of Burma nationalized PNB's branch in Rangoon (Yangon).In 1969 The Government of India (GOI) nationalized PNB and 13 other major commercial banks, on July 19, 1969.In 1978 PNB opened a branch in London.1986 PNB acquired Hindustan Commercial Bank (est. 1943) in a rescue. The acquisition added Hindustan's 142 branches to PNB's network.Year 1993 PNB acquired New Bank of India, which the GOI had nationalized in 1980.1998 PNB set up a representative office in Almaty, Kazakhstan.In 2003 PNB took over Nedungadi Bank, the oldest private sector bank in Kerala. At the time of the merger with PNB, Nedungadi Bank's shares had zero value, with the result that its shareholders received no payment for their shares.In year 2004 PNB established a branch in Kabul, Afghanistan and a representative office in Shanghai. In this year PNB established an alliance with Everest Bank in Nepal that permits migrants to transfer funds easily between India and Everest Bank's 12 branches in Nepal.In 2005 PNB opened a representative office in Dubai.In the year 2007 PNB established PNBIL - Punjab National Bank (International) - in the UK, with two offices, one in London, and one in South Hall. Since then it has opened a third branch in Leicester.In 2008 PNB opened a branch in Hong Kong.2009 PNB opened a representative office in Oslo, Norway, and a second branch in Hong Kong, this in Kowloon.2010 PNB received permission to upgrade its representative office in the Dubai International Financial Centre to a branch.# Personal Banking Savings Fund Account 1. PNB Prudent Sweep 2. Total Freedom Salary Account 3. PNB Vidyarthi SF Account 4. PNB Mitra SF Account 5. PNB Rakhsa Karmi Bachat Khata 6. PNB Shikshak Sweep Scheme 7. PNB Shikshak Overdraft Scheme 8. Scheme for Providing Overdraft Facility to Pensioners